I am looking this could lead for further down move , as i am looking this is 5,5,5 corrective pattern which we all know as Zig Zag , here visual representation is very complex
to identify as Zig Zag but experienced traders can understand this ,
Now i am looking an termination near 174 to 136 , the price Gap between the two termination point is very high due to its down fall personality
we usually call it as wave personality and some time they behave very different in nature and this scrip has same personality of high volatile and extreme price discounting
One can wait for price termination and also wait until the weekly close shows sufficient strength in the stock
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